Search Tags:  financial management

Bill would give DoD incentives to audit its books on time

New legislation from several senators would let DoD reprogram funds without congressional approval.

Tags: management , Congress , DoD , GAO , 2011 Defense Authorization , Taeja Smith , Elizabeth Robbins , Tom Coburn , Joe Manchin , Claire McCaskill , Ron Johnson

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Federal agencies owe the IRS at least $28M in fees

The Treasury Inspector General for Tax Administration evaluated six random reimbursable agreements IRS made with agencies and found a lot of money went uncollected.

Tags: Financial Management Service , CFO , TIGTA , Russell George , IRS , Pamela LaRue , oversight , best practices , Keith BieryGolick ,

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Reorganization and Restructuring in Government presented by Deloitte

The next five to 10 years may represent a once-in-a-generation period of challenges and opportunities for the Federal government. The question isn't whether or not your organization will be affected by the shifts but whether or not your organization will be out in front of them.

Reduced budgets combined with unchanged - or more complex - missions have resulted in increasing workloads, which have sent agencies searching for ways to leverage limited resources while striving to improve mission performance. So, how can agencies reduce inefficiencies and redundancies without significantly impacting their core missions?

Tags: Deloitte , management , DOI , Rhea Suh , Jim Bradley , Max Stier , John Powers , GPO

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Incomplete SSA records lead to payments to dead people

Information regarding a person's death is not always correctly transferred between the Social Security Administration's databases, according to a new report from the agency's inspector general. As a result, various agencies may be sending money to dead people or fraudsters.

Tags: SSA , improper payments , oversight , Tom Coburn , Esther Carey

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Agencies sitting on $70B in unspent funds, report finds

A congressional report released today outlines $70 billion of unspent federal dollars that could have helped disaster victims, spurred highway construction and fund education programs.

Tags: Tom Coburn , budget , Congress , Senate

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OMB directs agencies to use evidence-based budgeting

The White House wants to take a more evidence- based approach to budgeting. That means agencies will have to show a return on the investment on their programs, with more successful programs being more likely to receive funding.

Tags: Robert Gordon , OMB , budget , management , technology , Federal Drive

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Senators probe GSA financial controls after conference scandal

The leaders of the Senate Homeland Security and Governmental Affairs Committee gave the acting GSA administrator 21 days to answer 41 multi-part questions about the agency's efforts to prevent waste, fraud and abuse following the now infamous Western Regions Conference. Senators also recommended the agency review all other recent GSA conferences for possible problems.

Tags: Dan Tangherlini , Brian Miller , Susan Collins , Joseph Lieberman , GSA , conference spending , waste , fraud , Senate Homeland Security and Governmental Affairs Committee , Shakeup at GSA , Ruben Gomez

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Do Not Pay tool makes agencies 'smarter' about payments

Danny Werfel, the controller of the Office of Management and Budget, told In Depth with Francis Rose the newly launched Do Not Pay tool makes agencies smarter about making payments.

Tags: management , acquisition , Do Not Pay , Danny Werfel , In Depth , Francis Rose , OMB

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House-backed DATA Act, increases transparency, caps agency spending

On a voice vote, the House backed the Digital Accountability and Transparency Act, known as the DATA Act. The legislation would establish uniform standards for all recipients to report federal money and set up a single website where average Americans could search for information on how government agencies, departments and other recipients spend federal funds.

Tags: transparency , DATA Act , House , Congress

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F-35 cost estimates increase in defense acquistion cost report

The Defense Department estimates its major acquisition programs are costing $1.6 trillion, slightly less than previously estimates.

Tags: DoD , acquisition , contracting , SAR , F-35 , DoD Report

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